Property asset or share purchase agreement
The TSX Venture Exchange has accepted for filing documentation pertaining to an option and joint venture agreement dated Feb. 2, 2026, between Trans Canada Gold Corp. and an arm's-length optionor. Pursuant to the agreement, the company acquired an option to earn a 60-per-cent undivided interest in the Harrison Lake gold project, located near Harrison Lake in British Columbia.
The total consideration to acquire the 60-per-cent interest in the property, payable over a five-year period from the exchange acceptance date, includes aggregate cash payments totalling $250,000 and the aggregate issuance of 10 million common shares in the capital of the company, both of which are payable in instalments concluding on the fourth anniversary of the option date. Additionally, the company is required to incur aggregate exploration expenditures totalling $5-million over a five-year period.
The property is being acquired subject to a pre-existing 2-per-cent net smelter return (NSR) royalty. Upon exercise of the option, the parties will enter into two separate joint venture agreements: one pertaining to the mining area and one for the exploration area.
The transaction is arm's length in nature and no finder's fee is payable.
For more information, please refer to the company's news releases dated Feb. 4, 2026, and April 7, 2026.
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